This multi-layered structure has built a parallel financial system.
The circulating assets are different. The methods of power distribution are different. And this new system is gradually entering the market.
Reinventing Finance: Opportunities for the Unbanked
The rise of the crypto economy has broken the monopoly of traditional finance. Through blockchain technology and decentralized protocols, groups without bank accounts have gained their first opportunity to participate in the global financial markets. This is not only technological innovation but also a redistribution of financial power.
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ProtocolRebel
· 3h ago
This is the endgame of Web3; the fortress of traditional finance is about to fall.
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GoldDiggerDuck
· 3h ago
Parallel financial system? It sounds very grand, but can it really replace the existing order...
Rearrangement of power sounds nice, but ultimately it depends on how adoption goes.
This wave of opportunity is indeed huge, but the risks are also significant.
Slowly entering? I just want to see real applications being implemented quickly.
The demand from the unbanked population is real, but there are not many projects that can stick to the end.
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GateUser-e19e9c10
· 4h ago
Wow, this is the real financial revolution. Traditional banks should be worried.
This multi-layered structure has built a parallel financial system.
The circulating assets are different.
The methods of power distribution are different.
And this new system is gradually entering the market.
Reinventing Finance: Opportunities for the Unbanked
The rise of the crypto economy has broken the monopoly of traditional finance. Through blockchain technology and decentralized protocols, groups without bank accounts have gained their first opportunity to participate in the global financial markets. This is not only technological innovation but also a redistribution of financial power.